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Ireland Can Help Solve 'Global Tax Challenge' – Kenny

23 October 2013   (0 Comments)
Posted by: Author: Sam Griffin
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Author: Sam Griffin (Irish Independent)

THE Taoiseach said he wants to dispel the perception Ireland is not playing its part in tackling tax evasion by major international companies.

Speaking at a dinner for the German-Irish Chamber of Industry and Commerce, Enda Kenny said Ireland was committed to a transparent, accountable and authentic tax system.

"In the Budget, we've announced that we want to deal with any perception of Ireland not playing its part," he said.

"At the European Council meeting earlier this year, I committed Ireland to working with our international colleagues in the understanding that the digital world has moved ahead of the legislative world," Mr Kenny said. He added that there was a need for international spot-checks in terms of transparency, openness and accountability. Ireland is working with the OECD and with our European colleagues in that regard."

In May, US senators criticised Apple for using Irish companies to pay less than 2pc tax on $44bn (€31.9bn) of non-US income over four years.

Last night Mr Kenny said he wants Ireland to be a solution to the "global tax challenge".

He also welcomed the president of the German-Irish business chamber, John Bowden, for his endorsement of Ireland's retention of a corporation tax rate of 12.5pc.

This article first appeared in independent.ie.


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